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Amazon pledges enabling USD 80 billion exports from India by 2030; partners DPIIT

Amazon pledges enabling USD 80 billion exports from India by 2030; partners DPIIT

Tue, Dec 10, 2024

E-commerce giant Amazon on Tuesday announced its commitment to enable USD 80 billion in cumulative exports from India by 2030 and said it has partnered with DPIIT to establish India as a global manufacturing hub.

DFC of US comits $40 million loans to UGRO Capital for MSME funding

DFC of US comits $40 million loans to UGRO Capital for MSME funding

Wed, Oct 16, 2024

This investment marks a critical step in UGRO Capital's journey to empower small businesses at the grassroots level and deepen financial inclusion across the country, the NBFC focused on MSME lending said in a statement on Wednesday.

5 crore MSMEs registered, aim to ramp up credit guarantees by another Rs 5 lakh crore: Centre

5 crore MSMEs registered, aim to ramp up credit guarantees by another Rs 5 lakh crore: Centre

Tue, Sep 10, 2024

According to Dr Rajneesh, additional secretary and development commissioner, Ministry of MSME, several MSMEs needed to register with the government, and it was estimated that there were around 6.5-7 crore MSMEs in the economy and only 1.65 crore MSMEs were registered till last year with the government.

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Blockchain-based esports fan engagement startup STAN raises USD 2.5 M in seed funding

Blockchain-based esports fan engagement startup STAN raises USD 2.5 M in seed funding

Thu, May 26, 2022

Bengaluru-headquartered blockchain-based esports fan engagement startup STAN has raised an equity funding of USD 2.5 million in its seed round

EV ride-hailing startup BluSmart raises USD 25 mn in fresh funding round

EV ride-hailing startup BluSmart raises USD 25 mn in fresh funding round

Wed, May 25, 2022

Electric vehicle (EV) ride-hailing and charging startup BluSmart on Tuesday said it has raised USD 25 million (around Rs 194 crore) in a fresh funding round

Centre making efforts to connect startups to govt ecosystem: Union minister Chandrasekhar

Centre making efforts to connect startups to govt ecosystem: Union minister Chandrasekhar

Mon, May 23, 2022

Centre is making efforts to connect Indian startups with the government ecosystem so that its procurement requirements can be met with their innovative solutions, Union Minister of State for Skill Development and Entrepreneurship Rajeev Chandrasekhar has said

B2B marketplace Fashinza raises USD 100 million in funding led by Prosus, Westbridge

B2B marketplace Fashinza raises USD 100 million in funding led by Prosus, Westbridge

Fri, May 20, 2022

B2B marketplace Fashinza has raised USD 100 million (about Rs 774 crore) in a series-B funding round led by Prosus Ventures and Westbridge Capital, the company has said in a statement

Human resource technology startup Hono raises USD 5 mn in funding round led by Aakash Chaudhry

Human resource technology startup Hono raises USD 5 mn in funding round led by Aakash Chaudhry

Mon, May 16, 2022

Human resource technology startup Hono on Wednesday said it has raised USD 5 million (around Rs 39 crore) in a funding round led by test preparation company Aakash+Byju's managing director Aakash Chaudhry

Logistics tech Sartup Pickrr to open 25 new fulfillment facilities for faster last mile deliveries

Logistics tech Sartup Pickrr to open 25 new fulfillment facilities for faster last mile deliveries

Thu, May 12, 2022

Logistics tech startup Pickrr on Tuesday announced its plans to unveil 25 new fulfillment facilities pan-India for faster and more efficient last mile deliveries

Form groups of entrepreneurs, experts to suggest reforms in banking, other sectors: PM Narendra Modi tells business community

Form groups of entrepreneurs, experts to suggest reforms in banking, other sectors: PM Narendra Modi tells business community

Fri, Apr 29, 2022

Prime Minister Narendra Modi on Friday asked the business community to form groups of entrepreneurs and experts to suggest policy changes for reforms in banking and other sectors, and also to point out the shortcomings.

Zero Defect Zero Effect: ZED certification scheme launched for MSMEs

Zero Defect Zero Effect: ZED certification scheme launched for MSMEs

Thu, Apr 28, 2022

"The ZED certification scheme will be beneficial towards improving quality, increasing manufacturing output and profits and controlling the detrimental impact on the environment," said MSME Minister Rane at the launch.

Will take up MSMEs' suggestion to raise turnover cap for small units to PM, finmin: Union Minister Narayan Rane

Will take up MSMEs' suggestion to raise turnover cap for small units to PM, finmin: Union Minister Narayan Rane

Wed, Apr 27, 2022

Narayan Rane on Wednesday said he will take up the suggestion of MSME associations to raise the turnover limit for classifying 'small' enterprises to Rs 100 crore with the prime minister and the finance ministry.

Apparel unit in tribal area to boost women employment

Apparel unit in tribal area to boost women employment

Mon, Apr 25, 2022

An apparel manufacturing unit will be set up in the tribal-dominated Kuchinda sub-division of Odisha's Sambalpur district to provide employment to women throughout the year and also to augment their livelihood, an official said.

Daalchini Tech expects to clock Rs 50 crore revenue in FY23

Daalchini Tech expects to clock Rs 50 crore revenue in FY23

Fri, Apr 15, 2022

Daalchini Technologies is expecting to grow multi-fold and clock a revenue of Rs 50 crore during the current fiscal with offices and institutions reopening in the country, a senior official of the company said on Friday.

Big boost of Modi govt's policy - Global appreciation of khadi’s popularity! US fashion brand Patagonia places repeat order for khadi denim fabric

Fri, Apr 15, 2022

In march this year, Patagonia, through textile giant Arvind Mills, placed an order for purchasing 17,050 meters of Khadi Denim fabric worth nearly Rs 80 lakh from Udyog Bharti, a Rajkot-based Khadi Institution in Gujarat.

Online course in entrepreneurship: Yogi Adityanath government to start basic course in MSME

Online course in entrepreneurship: Yogi Adityanath government to start basic course in MSME

Fri, Apr 08, 2022

To inculcate and encourage business development skills in youth, the Yogi Adityanath government in Uttar Pradesh will soon start an online course in entrepreneurship.

Karnataka: CM Bommai to open fair on micro enterprise in Bengaluru on Apr 8

Karnataka: CM Bommai to open fair on micro enterprise in Bengaluru on Apr 8

Wed, Apr 06, 2022

The Karnataka government aims to add 30,000 micro enterprises to the existing 50,000 such businesses, State Minister C N Ashwath Narayan said on Wednesday.

Over Rs 30,160 crore loans sanctioned under Stand-Up India scheme in 6 years

Over Rs 30,160 crore loans sanctioned under Stand-Up India scheme in 6 years

Wed, Apr 06, 2022

Over Rs 30,160 crore loans have been sanctioned under the Stand-Up India scheme in the past six years, the Finance Ministry said on Tuesday.

Corporate & Mortgage Loans will be growth drivers in FY23: Sanjiv Chadha, MD & CEO, BoB

Corporate & Mortgage Loans will be growth drivers in FY23: Sanjiv Chadha, MD & CEO, BoB

Tue, Apr 05, 2022

Sanjiv Chadha, Bank of Baroda, talks about his outlook for the banking sector in FY23, credit cycle and its growth, and wealth management space among others during an exclusive interview with Zee Business.

CredAble disburses Rs 22,500 cr working capital loans in FY22

CredAble disburses Rs 22,500 cr working capital loans in FY22

Thu, Mar 31, 2022

Working capital loan facilitating platform for small and medium businesses CredAble disbursed record USD 3 billion (Rs 22,500 crore) during the financial year 2021-22, and expects to double the amount in next fiscal on more customer acquisitions and high demand for short-term business loans, co-founder and CEO Nirav Choksi said.

Rajasthan Kabaddi League turning the tables of the sports universe

Rajasthan Kabaddi League turning the tables of the sports universe

Thu, Mar 31, 2022

The launch of the Rajasthan Kabaddi League in India was a significant step forward to promote the upliftment of the regional Kabaddi players, as well as to provide MSMEs and sponsors with the chance to make it big.

Manufacturing sector needs quality enhancement to become globally competitive, says MSME Minister Bhanu Pratap Singh

Manufacturing sector needs quality enhancement to become globally competitive, says MSME Minister Bhanu Pratap Singh

Wed, Mar 30, 2022

India's manufacturing sector needs quality enhancement to become more competitive globally, MSME Minister Bhanu Pratap Singh said on Wednesday.

Bull vs Bear: Should you invest in RBL Bank? Zee Business analysis reveals this!

Bull vs Bear: Should you invest in RBL Bank? Zee Business analysis reveals this!

Tue, Mar 29, 2022

In today's edition of BULL Vs BEAR, Zee Business' Senior Research Analyst Varun Dubey and Research Analyst Ashish Chaturvedi bring exclusive research on the RBL Bank stocks.

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